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How does economic recession disturbs business existence.
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[QUOTE="CALVINDOL, post: 270955, member: 43757"] During times of economic recession business productivity rend to be low and also cost of production tends to be very high. Economic recession is absolutely very negative to the existence of businesses that is why if possibly a business should absolutely relocate to another country or possibly to another area then the business should definitely do so in order to protect the business knowledge and its ability to be profitable. Economic recession put a business in the frontier of facing negative repercussions due to the economic diminishing of resources capable and able of easily helping the production of goods and services capable and suitable for the satisfaction of the needs and wants of the many majority of the public . Some of the ways majority of businesses have been able to survive economic recession is by cutting down the amount of financial expenditure the carryout in their business and channel all available revenue or resources to the production of goods and services more likely to be bought by consumers and clients. [/QUOTE]
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How does economic recession disturbs business existence.
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